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The India-based Uflex Group, one of the world’s leading producers of flexible packaging materials, has made progress on its greenfield packaging films project in the US since the signing of the MOU in April 2011 with the State of Kentucky, where the facility will be located.
The total project outlay will be approximately $180m, half of which will be spent on the first phase with the setting up a state-of-the-art biaxially oriented polyester (BOPET) film line and a plasma enhanced high-barrier metalliser. At 8.7 meters width and running at 500 meters/minute, the line will be one of the world’s largest film plants and will be bigger than any other film line presently operating in the US, according to Uflex. It is due for start-up before the end of 2012.
The project is being set up under the aegis of Flex Films (USA), a new company set up by Uflex specifically for this purpose.